Rising Interest Rates and What It Means For Businesses
With the Federal Reserve’s recent hikes of its federal funds rate, borrowers with small-business loans may think that they’ve missed their opportunity to refinance to a lower interest rate. That’s not necessarily the case. Matt Tilton, president and chief lending officer of Centrust Bank, joins us to talk about how a lower interest rate may still be within reach. He shares what to keep in mind as you weigh your options.
To learn more about Centrust Bank, please visit CentrustBank.com. You can also read more in the Small Business publication, Insider 94.